News

Dropbox Seeks Funding Round at $8 Billion Valuation

Published on November 19, 2013by Douglas MacMillan and Spencer E. Ante

Online-storage service Dropbox Inc. is raising a funding round that could value it at more than $8 billion, according to people familiar with the situation, though new figures reveal its revenue growth is decelerating.

The talks with investors to raise around $250 million are still early and no valuation has been agreed upon, said a person familiar with the discussions.